Quote:
Originally Posted by Slickcraft
We brought home two ton from Lowe's today total cost $394.
Taking into consideration the efficiencies of our pellet stove and our oil burner being the same 83.5%, it would take about 240 gal of #2 oil to get the same heat output as the 2 ton of pellets. At today's $3.499/gal that would run $828, more than double the cost of the pellets.
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Are you also factoring in the cost of the stove and installation into the numbers? On many the savings doesn't start until after many years.
I'm with you, I burn wood here and in Maine but have also gotten hand me down stoves so I have no depreciation to factor in so for us it is all savings from the beginning.